Category: Economics

Always look on the bright side … or else (dee doo): Part 3, Afloat when they should sink

27 May, 2016 (09:39) | Argentina, Capital markets, China, Economics, Exchange rates, Global news, Government, Housing, Speculation, Statistics | No comments

 [Continued from yesterday’s Part 2 and the preceding Part 1.]   By: David A. Smith   As established in Parts 1 and 2 of this post comparing an unlikely pairing, Argentina and China, using as source material the Wall Street Journal (May 3, 2016) and Significance, December, 2012; Albiceleste font), we’ve seen that Argentina’s charismatic […]

Always look on the bright side … or else (dee doo): Part 2, anything but journalism these days

26 May, 2016 (10:00) | Argentina, Capital markets, China, Economics, Exchange rates, Global news, Government, Housing, Speculation, Statistics | No comments

[Continued from yesterday’s Part 1.]   By: David A. Smith   If life seems jolly rotten There’s something you’ve forgotten And that’s to laugh and smile and dance and sing. Yesterday’s post conjoined the odd couple of Xi Jinping, president of China, and Graciela Bavacqua, at the time Argentina’s chief statistician, around the subject of […]

Always look on the bright side … or else (dee doo): Part 1, Gloomy views and positive energy

25 May, 2016 (09:30) | Argentina, Capital markets, China, Economics, Exchange rates, Global news, Government, Housing, Speculation, Statistics | No comments

 By: David A. Smith   Some things in life are bad They can really make you mad Other things just make you swear and curse. Some things in life are really bad   Some decades ago, back when hand-held calculators were the rage of high-tech, a team of psychologists interested in people’s deference to presumed […]

Chicago’s left behind: Part 2, Those who are gone

5 April, 2016 (10:00) | Affordability, Chicago, Cities, Demographics, Economics, Housing, Municipal finance, Speculation, Zoning | No comments

 By: David A. Smith   [Continued from yesterday’s Part 1.]   As we saw in yesterday’s Part 1, effects always have causes, and if we wait to act until they have become evident even to those committed to denying them, it will often be too late to do much more than mitigate the losses.  Such […]

Chicago’s left behind: Part 1, Those who remain

4 April, 2016 (10:00) | Affordability, Chicago, Cities, Demographics, Economics, Housing, Municipal finance, Speculation, Zoning | No comments

By: David A. Smith A city’s slow death is a hideous thing, and to watch this happen to Chicago is by turns heartbreaking and  infuriating: heartbreak for the people whose hopes, prospects, choices – their whole lives – are undermined by their city’s failures, and fury at the ecosystem of (mis)government that allows this to […]